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kicks off his second term with a call for national unity. >> a regional election in germany, a wakeup call for the chancellor. >> and extreme winter weather halts travel across much of northern europe. >> we start this show in washington where president obama balm has publicly taken the oath of office for his second term. he had to take it twice. >> official ceremony held in private on sunday at the white house. now the ceremonial swearing in in front of more than 700,000 people that showed up. >> and an international audience watching on tv. a lot of europeans want to know which way the world's biggest economy is headed and can politicians sort things out. here is a man that thinks he can make a difference the second time around. obama then looked forward to his next and final four years in office calling an end to the politics of division and saying the united states could achieve anything if it acted as one. >> a decade of war is now ending. an economic recovery has begun. america's possibilities are limitless, for we possess all of the qualities this world without boundaries deman
is here at it is about our president. take back the house, elected democrats at every level of government and fight for our values for 100% of the american people. thank you. thank you, madam chair. [applause] >> thank you, secretary. the next item on the committee's agenda is the report from the credentials committee. i'd like to recognize co-chairs to give us an update on this. >> in a. >> thank you, madam chair. on the have of the rest of the potential committee we are honored to present our report. >> the credentials committee received a challenge to the election of dnc members from the state of georgia, and a challenge to the election process used in the election of dnc members from virginia. >> most of these challenges were received in a timely fashion, and reviewed by the credentials committee co-chair. after reviewing each of these challenges, the co-chairs determined that neither of the challenges have merit and the members under challenge were to comment to be properly elected members of the democratic national committee. >> with that, we now recommend to this body the adoption
are coming out on the streets and to vote in an election that matters. >> we'll be live with the latest on the french intervention and where north africa is the new front in the battle against terrorism. and we will be asking why the issue of abortion is still so divided. a special report from mississippi. >> also aaron is taking a look at global unemployment, and that is a huge number, aaron. >> it's a staggering number. 197 million people around the world are now without a jofpblet 13% are under 24. are we creating a generation of non-workers? >> it's 12:00 moon in london, 7:00 a.m. in washington and 2:00 p.m. in jerusalem where more than 5.5 million israeliings are expected to vote? an election that is expected to see benjamin netanyahu return to office. he is facing relidgeous parties and while security seen by many as netanyahu's strong point, the economy has also been a big issue. more from our colleague. >> yes. welcome to jerusalem where we will be broadcasting for the next two days. israel's election. driving to the heart of a sensitive but still stagnant process of peacemaking
with an election victory. >> did germany's education minister plagiarize her phd? her university launches an investigation. talk about putting a cap amongst the pigeons a day after german and french leaders pledged to deepen e u's economic and monetary union. the british prime minister has signaled his country could want out. >> in a very -- delayed speech, david cameron said he wants to renegotiate the terms of britain's membership and the referendum, but not until the end of 2017. >> that has rattled london's biggest allies and some investors. more uncertainty and possible of people are not what they have been wishing for. >> kamen said he'd campaigned for es you vote, saying he had won the decisions he had -- the concessions he had campaigned on. >> the move had long been anticipated at home and across the european union. david cameron laid out his vision of britain's future. it is one that involves major changes and giving the british public a say in what happens. >> when that referendum comes, let me say now that if we can negotiate such an arrangement, i will campaign for it with al
elections, is thinking fast or has been over the past two weeks of the popularity threshold and angela merkel has been riding and both of their parties are dithering. the sbc slightly inching higher and the sdu inching lower and they're both losing ground in a grander scale. it's the small parties that are the winners, definitely the green wes a record high of over 13%. they're the ones that won the election and lost it for the cdu, not stoeshl democrats themselves. and the liberals, the sdp, many had counted them out and there was an expectation or there was a fear for some that they couldn't even make the century hurdle that you need to get into parliament. they beat that. about you also for the personality ratings and the criticism on a federal scale, but that was his home turf so there was a lot of sympathy vote going in there. the big parties will have to look carefully for coalition partners. the social democrats will try to align themselves with the green that might not be enough. the stronger the greens get, the more the social democrats usually lose and something similar you h
democratic elections to take place in the north african country in 1991. when the islamic salvation front won the first round, the government called off the voting and cracked down on islamists, forcing many underground. including a notorious terrorist leader with ties to al qaeda. he is reportedly behind this week's attack on the remote desert gas plant. though he first made a name for himself with a string of violent attacks and dramatic kidnappings after he joined an extremist group in the late 1990's. the terror has continued to this day, but the extremists seemed to be losing support. for many algerians, even an authoritarian regime is preferable to an islamist state. algeria is rich in resources, especially gas and oil. and it has hardly any public debt, but average algerians see little benefit from the country's richest. although there is great dissatisfaction from the government, it has not helped the islamists' cause. there's too much fear the country could once again descend into civil war. >> france is reporting some initial successes in mali where government troops had recaptured
elections. he was asked if the president has met his expectations during the first term. >> he has seen the economy come up again, and the employment -- unemployment rate is still too high but i think this will improve. we're out of iraq and we are changing our policy in afghanistan, and osama bin laden is dead. the president has made a commitment to education and he is running with a 52% approval rate, and this is a good start for a second term. >> what about the critics of the president to say that the deficit has grown and he has not put his weight behind climate change. in his first address, he mentioned climate change three times. and there are still problems in the country and the criticism -- is that he has given a fabulous speech but has not followed through. >> i think some of the criticism is fair but you have to also talk about his initial priorities or challenges. he is really committed to doing something about this in the second term. the deficit is one of the most difficult issues and the president -- he does not sign the appropriation bills until they are passed by congre
. and germany's ruling party tries to hold onto power in a key regional election. >> do i have remorse? absolutely. >> lance armstrong apologizes, but can he rebuilt his tarnished reputation? >>> the algerian hostage crisis is over. special forces stormed the remote gas plant, killing 11 gunmen after they took the lives of 74 hostages. -- took the lives of 7 4 hostages. dozens of people are still unaccounted for. at 29 gunmen said to have links with al qaeda are thought to have been killed. >> the first photo to emerge out of what happened shows hostages kneeling captive in the desert. in other pictures broadcast by algerian tv, they are shown group against a wall. we don't know how many of these people survived what was to come. army helicopter swooped over the complex as they were cornered by algerian special forces. the hopes of a clinical rescue operation and release of hostages have been dashed, state media reporting that seven hostages and 11 militants were killed in the final assault. workers from britain, the u.s., japan, and norway are still among those unaccounted for. in nor
elections of lower saxony is busy choosing their parliament and the result is looking extremely close. it is being seen as a dress rehearsal for several elections in september and a verdict on chancellor angela merkel herself. david mcalester represents her party and is close to her. the poll suggests is neck-and- neck with the opposition social democrats and the green party. with go live now to hand over. what is the latest you are hearing there? >> the latest we are hearing is that it's going to be a long night. we will have to wait for the regional polling stations to be counted. the parties are really neck-and- neck and it could be angela merkel's christian democratic union or it could be the greens and social democrats. this is a bellwether region. this has farmers, big industry, europe's biggest automaker, volkswagen is located here. the religious split is catholic and protestant. what happens here is will what happened across the country generally speaking. that is why angela merkel made seven campaign stops here along with david mcallister, the christian democratic premier in
election-year in austria, meaning that voters will go to the polls several times. regional parliaments are due to be elected in four of the country's states this spring, followed by the national election of the federal parliament this autumn. it will not be an easy campaign for the traditional parties. they face competition from a political newcomer. some austrian politicians are reminded of a time in the early 1990's when a man came from the far right and meddled with the traditional austrian political landscape. he died four years ago, and his party has since lost some of its significance, but some former supporters have now found a new political home with a new party. >> he who has the gold makes the rules -- that was the model used when introducing the party in the timber. he was born into a poor family in austria but went to canada to make his millions. now he has returned to make a dramatic entrance on the political scene. >> i am certain that this is a very important day that will go down in austrian history. i also think it will go down in the history of the world. >> the recen
banks are putting in. we're through the u.s. elections, ahead of the debt ceiling debate. in some sense there isn't an immediate crisis. it's a question now whether ceos can get through the real economic fundamentals. in some ways we're betwiked and between, kelly. >> i like the scarf, ross. >> yeah. that's the point. look, there's plenty to come on our coverage today. let me recap some of the people we're going to be talking to. john lipinski, formerly of the imf. and hamish tyrwhitt, construction group out of australia. we saw rates dip a little today. suggesting there's room to cut rates. and the executive dean of peking university. we're more relaxed about china, more relaxed than three or four months ago. we'll get the inside there. all of that is coming up on today's "worldwide exchange." how are the markets looking? >> perfect. we'll check the markets in a second. i want to bring news out of the bank upon spain saying fourth quarter gdp was down 1.not -- 1.7% drop, it was .6 drop. pretty large. and 2012 gdp down 1.3%, down from a contraction of 0.4% in 2011. more difficult news f
the iranian or the midden eastern arab spring, and the american election, and the third is the pleasuring of -- blurring of fact and opinion. we lived in an era require to this where we thought there was a clear line between when journalists were presenting factual information from a neutral or fair perspective and when we were hearing opinions. that has broken down and those three changes we think have been driven by a variety of things, not the least of which is the technological revolution with we have undergone. >> host: professor, have we lost important gatekeepers of news in your view? >> guest: i think that is one of the central themes of the book, which is that we now live in a world that we call somewhat nerdly multiaxiality. what we mean by that term, the ways in which information can become public information and paid attention to by a lot of people is much more fluid, there are many more gates than there used to be. i argue you don't need gates because the walls have come down. so where we get information from, what becomes newsworthy or important, what goes
super bowl and mardi gras and a costume. >> chris christie want to be re-elected. he's the republican. what do you make of this? >> i think it's an interesting dynamic. most people think of silicon valley with the democratic party but often times you see someone who has lived in a state who support the guy who is doing a good job. i think it's a good sign for dom governor christie. >> i don't think it's a good sign. i think it's a great sign. you have mark zuckerberg and trying to get re-elected. >> wolf f. i know he's married but he can friend me. i'll be very friendly to mark. friend me. >> guys, thanks very much. >> thank you. >>> manti te'o is not alone. an apparent hoax involving football players from the washington redskins. [ male announcer ] when we built the cadillac ats from the ground up to be the world's best sport sedan... ♪ ...people noticed. ♪ the all-new cadillac ats -- 2013 north american car of the year. ♪ for a limited time, take advantage of this exceptional offer on the all-new cadillac ats. exceptional offer did you just turn your ringer off so no one would
. the challenge to us is to remember what we learned when we first entered this movement, that you never elect someone to make change happen for you. you elect somebody to make it a little easier for your movement to keep on making change after. and so, brothers and sisters, i implore you tonight, have a good time, party caressed well, then get right back on the battlefield tuesday morning because we took our democracy back and we ain't giving it up to nobody. thank you and god bless. fire it up. fire it up. fire it up! god bless you all. >> that was president of the naacp, benjamin jealous, speaking at the peace ball, voices of hope and resistance come here in washington, d.c. on sunday night. we will be back with more from the peace ball couldn't angela davis, sonia sanchez and others in a moment. ♪ [music break] >> sweet honey in the rock performing at the peace ball last night. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. we are broadcasting from washington, d.c., bringing you special coverage of today's inauguration as hundreds of thousands gath
honorable friend he was in that referendum was very much part of his manifesto of the last election. [shouting] >> in the interest of harmony i think we'll leave that to one side. >> mr. speaker, a constituent of mine with a chronic medical condition tells me that he is just 20 pounds a week to spend on food and clothing after paying his utility bills, and after april after the welfare cuts in april, he will just have to pounds a day. if the prime minister police we're all in it together, with the agreed to review the impact on the very poorest of the welfare cuts so that my constituents sacrifices are in line with his own? >> i will look very close to what the honorable gentleman says and the circumstances. let me just make the point, if you compare 2013 with 2010 in terms of the level of key benefits, it is worth making this point. and unemployed person on jobseeker's allowance is getting 325 pounds more this year than in 2010. a couple jobseeker's allowance, 500 pounds more. a single out of work mother, 420 pounds more to do with the opposition try and do, week after week, is som
that will eventually go before the united states supreme court. that's why this election was so important. if there are any vacancy on the supreme court board it is important to appoint pro-choice justices, and we have to keep fighting. especially in these states that are dominated by these ultra conservative right wing legislatures and governors where they're passing these horrific laws in an tempt to close down access. right now in the state of mississippi there is one clinic in the entire state serving one is one of the poorest populations with the highest maternal mortality rates in this country. that governor and that legislature is determined to close that only clinic. we've got to be vigilant. we've got to fight. we have public opinion on our side by the way. even in a state like mississippi. we beat the person hood initiative 58-42. we beat the public. what we don't have are the governors and state legislatures and governors. we have to keep fighting. >> kathy spillar. thank you for coming on. i really appreciate it. coming up we have oprah winfrey interfere with lance armstrong.
a former n.r.a. member? caller: the day after the presidential election, i was contacted by the n.r.a. -- if you know anything about the n.r.a., if you are a member, they do contact you quite often, mail, via phone calls, asking for money. and more money. and while i still support the n.r.a.'s positions on defending some of our rights, i also saw them as one of the largest and most powerful lobbies and the fact that they couldn't defeat president obama, at that point, i'm not throwing good money after bad, and i just decided that i wasn't going to support their financial effort anymore. host: i abottle guise for interrupting. you are a gun owner and treated for depression. caller: i am trited for depression and i haven't read the president's entire proposal veer bait im, but i just want to caution the government to take a look at this -- first of all, as a man, i'm going to tell you it's difficult for me to go to a health care professional to ever address my profession. i knew for years i was depressed, but i thought it was something i could man up, power through, get through, tak
better, make an issue with their elected officials. i have some policy recommendations at the end of the. i hope people will look at this recent. >> the former head of the fdic, sheila bair on the government's role during the country's worst financial crisis since the depression. her book is "bull by the horns." sunday night at eight on c-span's q&a. >> next comic kansas governor sam brownback delivers his third state of the state address. in his remarks before the joint session of the house and senate, he gave his plans for balancing the state budget which faces a projected shortfall of $267 million for the fiscal year beginning july 1. this event in topeka is 25 minutes. >> good evening. mr. speaker, madam president, -- [applause] you jumped my laundry now going to have to repeat. you will have to do that again, i hope. i was just looking at her thinking there's a lot of new faces here. welcome. good to have you in the legislature. it's going to be a great you and they do have before i get started one quick big announcement. next year at this time the capital renovation will be complet
an office. at the last election, one in six voters cast ballots for the far right. >> it is nice that there somewhere for people to go, a place where they can get things off their chest. >> but many people oppose the presence of the npd. one is the mayor. she has started a civic group. it all started seven years ago with a demonstration. >> the brown been for npd rubbish -- we carried one of those with us -- the brown bin. >> we want to show that we are a friendly, cosmopolitan little town, and we are not brown, right wing extremists. we are colorful and diverse. >> the npd tried to infiltrate a local sports club, but the extremists were prevented from gaining a foothold. m a three or four npd people were very active. they wanted to help, but if they get a foot in the door and a training group, that effectively makes them a trainer. and at that party office, the npd offers advice to young people, including the unemployed. the message is -- we will look after you. it is not unusual to run into the deputy leader of the national npd party here. he was convicted of hate speech for de
yourself. >> the president is hoping americans will take that fear to heart and call their elected leaders. he wants congress to agree to ban the future production of some assault weapons and ammunition clips holding more than 10 bullets. >> weapons designed for the theater of war have no place in movie theaters. >> he wants to make sure everybody who wants to buy a gun, even from gun shows, has to pass a more comprehensive background check, and a band to armor piercing bullets. by executive order, he told federal law enforcement to begin studying the causes of gun violence. but even the man who came up with dozens of proposals is not promising a end to mass shootings. >> no one can know for certain if this senseless act could have been prevented. but we all know we have a moral obligation to everything in our power to diminish the prospect. >> information on the proposal so far does nothing about the estimated 300 million guns already in america. the president stressed that this is going to be a tough fight. that was clear after the national rifle association released this television ad.
in 365 days. with no presidential election, no stimulus programs on the horizon and healthcare reform upheld, 2013 should be smooth sailing for the economy, right? to almost no one's surprise, it's not that simple. despite that, in our cover story, we found a few people willing to stick their necks out and share with us their predictions. most everyone we found had reason for measured optimism. housing prices, for example, are going up. "there's hope that you can climb out. that's just a game- changer." and that opens up housing- related investment, which in turn may help stocks. "i see certain sectors helping the stock market. i see that true of the housing sector. look at real estate, look at building supplies, things that have been down in the past." as for jobs, john challenger says though the economy has been adding an average of 150,000 jobs a month, we may not need that many to make unemployment itself go down. the reason - baby boomers. "there are many more baby boomers retiring, so we don't need nearly as many new jobs as we did a decade ago." as for overseas trade, china's e
shifting to the government itself and the government is looking ahead to an election, as we talked about many, many times. and here becomes the tricky part because they're trying to embark on structural reforms, they're talking about tax reforms, as well. this will be a multi layered process and hopefully they'll be in power long enough to deliver some of those changes. i think the market was expecting for the bank of japan to come in .deliver everything that was going to solve all of japan's problems after decades of recession, then they were probably misguided. but for the moment, the reaction we're getting from people who were watching japan is they probably took as many steps as they could today to try and address this decision. >> kaori, stay with us. ed, welcome. you just heard a little bit of the back and forth. what's your own opinion here on what the boj has or hasn't delivered? >> good morning. thanks very much for having me on the show. my opinion is i completely agree with everything kaori said. even more than that, i would say to the viewing audience, look, this is the crame
say i am ready to start writing. i started this book the essentially the day after obama was elected president that's when i decided i'd got to do this book. i'd written a few pieces for "the washington post" before that so i had a basis of research particularly on his mother, and i think when i get home from this incredible journey i will have the kansas side of the story pretty much completed and that's where the story begins, it's a weaving these incredible worlds that helped create this person. >> host: who came up with the title? >> guest: i did. i was just bouncing around of africa and then i set out of africa come out of dalia, kansas, indonesia, chicago, out of this world. the book is two things it's the world that created obama and then how he recreate himself so i'm not sure the proportions yet and will be important to get it right but perhaps even the first half of the book the main character isn't even on the stage yet and the second act of the book is largely chicago with his education in california, new york and boston thrown in some but largely chicago and that is when
saying. we've got essentially five years -- this is david cameron wins the next election before we hit the referendum, it will make businesses consider their investment opportunities. is that fair or not? >> i think the overlying reality is the uncertainty of our potential future in europe comes from the democratic position in the uk and that's regardless is a fact today. people are uncertain about what the shape of the club that we now belong to? and is it the same one that we joined? but i think the democratic deficit or this oh a sigz of people is the underlying issue. so doing something about that by saying, let's get clear the shape of the eu we do want. what is the shape of that? that has to be about the single market, about a more competitive europe. and that is something that i think they can take back and say that's a good thing for britain. and so i think you have to move towards it because the uncertainty is there today and those businesses will reflect that, anyway. i don't think illustrate necessarily changes. >> have you seen any changes in terms of the economic landscape
, people who are bureaucrats, people who are elected officials -- anyone. you cannot have a two tiered system where half of the people that are just civilians have to abide by the laws and everybody else does not. one of the most important factors that each firearm as the president said is being traced. it has to be done at every level. there is nothing to stop a bad cop -- let's say there is one cop who is bad that can stop a criminal with a stolen gun and give it to a friend, keep it, or trade it. all of these firearms, if they are going to go into the process of tree's ability, then it has to be seamless and transparent. no. two, the high-capacity magazines that everybody castigates so strongly, let me tell you something. if you live in a bad area, an area where there are gang members that cruise by your neighborhood all of the time, you do not want to be stuck with a single barrel shotgun or a single shot shotgun. you need to have the ability to protect your family and your friends and your neighbors. as a result of that -- began does not shoot people, you shoot people. -- the gun
dynamics on the hill. a republican house that was elected within their districts by large margins and president who won an election. how do we bridge the gap? how do we actually get the deal done. >> we have a system that is incremental in nature. we're not a parliamentary system where, if you control the government, you can move very quickly and aggressively. i have always said that the american politics is played on the 40-yard line. and both sides feel very strongly about their philosophical position. but there is a deep identity of interest that i think needs -- leads to premature should lead to agreement. if you're the president of united states, there are two events that you know may occur in the next four years, which could totally derail your capacity to do the of the things you want to do about the nation, your positive agenda. the first is the terrorist and weapons of mass destruction. i think this president has been dedicated to intelligence gathering and his use of various capabilities to reduce that threat. and secondly, the issue of the financial crisis driven by the
the years, he has a mandate from this election, his detractors disagree but he is probably going to try to say this is a critical moment, we can come out of the abyss, we can come together some change things. it's just going to be hard to get to a point where it really resonates with people because, as i said, our government right now is really kind of paralyzed. >> in the end, as historians often write, it's the deeds that supersede the word. we look forward to your commentary on inauguration day. >> a reminder, amy will be joining shepherd on monday. tune into the big fox network at 11:00 a.m. eastern, and back on the fox news channel at 3:00 p.m. eastern. this is sheldo whose long day setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. [ male announcer ] over a third of a day's fiber. fiber one. >> announcer: you
. but not a real spike as sometimes you get with a re-elected president who benefits from the absence of bad feeling once the election is over. he's doing a little better, but he only moves in a narrow band. republicans or the congress, rather, is doing much, much worse. you see the approval rating for congress. it's only 14%. 81% disapprove of congress. that is epically bad and it shows the president has a bit of a strength in hand as he goes into the budget talks. so does this final number that i want to run through, which is if the budget talk fails, the debt limit is not raised and if there are consequences for the united states not meeting its obligations, who would you blame? 45% say they would blame republicans in congress. only 33% say they would blame pb and democrats. the bully pull pit has some value. democrats have a better image with the american people than republicans do. but nobody has a great image right now. and when we asked people, joe, the recent budget talks in washington over the fiscal cliff do they make you feel more confident or less confident about economic recover
purposes. >> i just want to say the whole business about people use today is mitt romney lost the election with the whole horse and bayonet. i wish would stay away from that because the president said were not using bayonets anymore. so it's a different weaponry, but the other thing missing here i think when i talk about overreach, the e-mail you read in general kristol's observation is people say, why do you need an assault weapon? nobody needs an assault weapon, but that's not the issue. by somebody in this country need to have a trial by jury? by somebody who's robbed a bank need to have the fourth amendment having a search warrant before you issue? nobody needs those things. the issue as they were enshrined in the constitution. so you have to make sure you work with what the supreme court has said. the right to bear arms is an individual right. the first of all affect the value can you can have reasonable restrictions, so the path forward for responsible legislators is to find out what the reasonable restrictions are that save lives. i think the taking of when human life is a horrible
, you know, when it comes to this debt ceiling issue, or it comes to who's going to be elected, or health care issues or what have you. how is that -- how do you put that in to your investing hat? >> well, everything is a transaction, and it won't have an effect on prices, in any event, unless it has an effect on a transaction. so what i do is i know who the buyers and the sellers are. and then by thinking that through, i think how will it have an effect on transactions. far more important than, over the long term, the leader of a country will have some effect on the whole overall health of the economy. but even -- they can't even res. they're, you know, it's a very difficult challenge. the whole political system. you could be president of the united states and it doesn't mean you can change policy. then, if policy changes, it has to basically change the things that produce -- have an effect on productivity. it's something that's peripheral largely. like, for example, a bigger issue is how does financial transactions work such as if you lower interest rate, and you have nothing
re-elected because people would have seen it as statesmanship and leadership. now, we have had an unfortunate set of experiences here as recently as the end of last year, new year's eve, because we approached a manufactured crisis, a deadline known as the fiscal cliff, but i don't think anybody in america certainly anybody in this body really wants another 2:00 a.m. senate vote. not because it's inconvenient but because it's not a good thing in the people's house, the senate house of representatives to be voting in the dark of night when people aren't able to watch. nobody wants another cliffhanger that weakens public trust in our government or in our willingness to meet our responsibilities, and most of all no one wants another credit downgrade. now, this is important. the president talks about the importance of lifting the debt ceiling because he said we don't want to suffer another downgrade in our credit standing, but indeed one of the reasons why we have already suffered a negative response to our credit rating is because we haven't dealt with the real problems that confro
. >> in no doubt about it. in terms of europe. you have the election in italy, bonds due, interest on the bonds due in spain. do these represent hiccups do you think? >> i think they're just challenges or marks in the journey. look at what the progress has been in europe. the progress with the fiscal constraint in portugal, in ireland, in spain. the role monti has played in italy and the leadership he's given that country. the steadfastness of merkel in germany. the fiscal restraint in the uk. all of these are saying we get it collectively. we need to show restraint, but we need to restructure at a pace our societies can absorb so we're going to have a continued series of steps. there's no big bang answer. >> speaking of the u.s. for a moment, a number of banks are getting out of fixed income. you're sticking with it. why? even though we've seen a big drop-off in fixed income and equities have been the place to be in terms of flow. >> yeah. honestly, there are very few if you really peel it back, there are very few that are actually exiting fixed income. what a lot of them are doing is bringing dow
republicans. this debate will divide democrats. democrats in conservative red leaning states up for re-election in the senate. they will not be voting for an assault weapons ban. assault weapons ban simply doesn't have vote to pass. other things done, background checks, restrictions on high past magazines? absolutely. tough spot for harry reid. he wants to keep the majority and republicans feel that democrats could overreach. this could be a political win for them. but the president will push very heart, no doubt about it. jon: he says he will push very hard. he promised that yesterday. he will do everything in necessary power to get things done. one of the things in his power is pick up the phone and call harry reid i need this out of the senate. i need to you approve this. >> that's right. the president will have to make some calls to these conservative-leaning democrats who will be on the fence. that is not something he did in his first term. he will have to really push this. this could be a win-win for the white house they ask for everything, don't get everything and blame congress for only
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